Thompson was drafted #1 overall by the Atlanta Hawks in the 1975 NBA Draft and was also #1 in the ABA draft. Today, David is joined by his three sons . After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, andcontinued to workas a truck driver for Midwest Coast Transport, Inc. David Thompson is based out of Portland, Oregon, United States and works at Tec Equipment as Founder / CEO. It was a three-year $4 million deal, which is the equivalent of $15 million in today's dollars. TEC Equipment raised a total of $5 M in funding over 1 rounds. He then started Thompson Equipment Company, buying and selling used trucks. Thank you for subscribing to the Business Matters Newsletter. Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. corporate partners Email us, Copyright 2021 Oregon State University Disclaimer. Additionally, Mr. Thompson has made contributions to several student programs at Portland State University. Today, David is joined by his three sons, David O., Chris, and William. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. Welcome visitor you can state of oregon mileage reimbursement rate 2021 In order to ease his family's financial burden, he began working at age 16 at a garage and gas station. Actor: Win Win. He and his wife Ann established a major annual scholarship program at Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. Our expansion from a single used truck center in Portland, Oregon to 30+ truck and trailer dealerships in over 20 cities across Washington, Oregon, Nevada, California, Arizona, Nebraska, Iowa and South Dakota is a tribute to this. Gavin Newsom (D) blocked the move. The median net worth for the 35-44 group, $91,300, is still more than 16% below the pre-Recession median net worth of $109,430 in 2007. Reflects change since 5 pm ET of prior trading day. He and his wife Ann established a major annual scholarship program at Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. Fax: 541-737-4890, Phone: 541-737-2551 Total Liabilities = Accounts Payable + Other Current Liabilities + Deferred Revenue + Commercial Paper + Term Debt + Other Non-Current Liabilities. Over the next 20 years, TEC expanded across Oregon and California and into Washington, Nevada and Arizona. When not at the office, Chris dedicates himself to giving back to his community and getting outside whether traveling, golfing, snowboarding or boating. #26 David Thomson & family on the 2022 Billionaires - David Thomson and his family control a media and publishing empire founded by his grandfather Roy . He was a 6'4 shooting guard and small forward who played at Crest High School. That helped to build trust amongst colleagues and allowed the future leaders to understand the intricacies of the job and relate to the needs and challenges of employees. However, his family is the richest family in Canada with $35 billion combined fortune. 1998 Acquired the Mack Ontario, CA franchise. The high price target for BNGO is $15.00 and the low price target for BNGO is $1.25. Soon after, he had an opportunity to join Market Transport, a trucking company owned by Peter Stott, a Horatio Alger Association member from the class of 2014. David Thompson, 62, grew up in Shelby and played high school ball at Crest. Recruitment Collateral.TEC Equipment, Inc. matches 60% of your first $4,000 As of today, we have now hired 146 new employeesin contributions each year - if you took full advantage of through the TEC JOB CENTER since our April 11thTEC's 401k Plan match that would be an additional $2,400 launch!per year. To build on their outside exposure and experience, all three participate in other civic activities, including serving on boards, associations and professional groups. During those early days in Portland, Oregon, TEC Equipment was known as Thompson Equipment Company and its business was buying and selling used trucks and trailers. This sparked his interest in the automotive industry, and a year later, he became a junior mechanic at a Chevrolet dealership and got a job as a truck driver. Benzinga does not provide investment advice. Learn more about David Thompson, Tec Equipment, Inc including contact information, career history, news and intelligence. David has a home, a car, and a portfolio of investments. He has taken a mortgage loan for his home, around $60,000, of which he already paid off $10,000. He then started Thompson Equipment Company, buying and selling used trucks. 2014 Acquired Wabash Trailer franchises in Portland, OR and Fontana and Sacramento, CA. Each son sees themselves playing a key role in the future growth of TEC, and theyre excited about it. Fake Nationality: The actors playing West Germans Denis and Rainer are from East Germany, while those playing Alex and Arianne are from West Germany, and the actor playing "Sigmund Jhn" is Swiss. Dallax, TX (Aug. 22, 2013) -Mack Trucks dealer TEC Equipment, Inc. won the Successful Dealer Award for exceptional sales and service as well as excellence in community and civic engagement. Revenue: $500 million to $1 billion (USD) Competitors: Unknown. awards The TEC Oakland site was purchased by TEC in 2005. Company size: 501-1000 employees. Founded: 1976. The Association also educates young people about the limitless opportunities afforded to them by the free-enterprise system through hard work, honesty and determination. For more than 70 years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to higher education and charitable efforts in their communities. Cancer Research UK is a registered charity in England and Wales (1089464), Scotland (SC041666), Jersey (247) and the Isle of Man (1103). 2011 Opened a leasing and parts center in Tacoma, WA. We provide convenient access to multiple locations, premium products, parts and service. He pledged $5 million to Legacy Health for the construction of, Oregon Harbor of Hope and the Oregon Food Bank, Oregon State University Foundation Board of Trustees, dian Park Medical Foundations Board and a 2018 recipient of, Because it is not just a scholarship it comes with a, them. David O graduated with a Bachelors degree in Business Administration from Oregon State University. Oregon business Mr. Thompson joins 13 other exceptional business, civic and cultural leaders from across North America in receiving 2020 honors. Last Updated: February 2023. For more information about TEC Equipment, please visit www.tecequipment.com. When not buried in data, William takes to the sky, flying following in his fathers footsteps in more ways than one, having obtained his pilots license and enjoying flying planes. Portland, Oregon Area. For more information, please visit www.horatioalger.org. Find low prices. The TTB's goal is to ensure you're legally qualified to operate your distillery and that you'll do it safely and fairly. Equipment; Master Scuba Diver; Scuba Trips. View David O. Thompson's profile on LinkedIn, the world's largest professional community. Upon completion of his bachelor's degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Army's Provost Marshall's Office in Vietnam, and served one and a half tours as a criminal investigator. She also starred as Kathryn Kennish in the drama television series Switched at Birth from . After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. All rights reserved. . Through an economy collapse in 1981 and impending company foreclosure, Mr. Thompson prevailed and purchased a repossessed fleet of 102 trucks, which he resold for a profit to save Thompson Equipment Company. TEC Equipment Profile and History . The hype around AI has everyone reconsidering what the future holds for different industries like programming, journalism, and education. . Mr. Thompson changed his businesss name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and trailers in the country. . David Anthony Thompson (born 12 September 1977) is an English football pundit currently working for the BBC. I haveadmired the Associations workfor yearsandImcontinuouslyimpressedbythe incredible impacta scholarshipfrom this organization can have onthe lives of inspiring young people, saidMr. Thompson. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest people. CAUTION - Before you proceed, please note: By clicking accept you agree that our review of the information contained in your e-mail and any attachments will not create an attorney-client relationship, and will not prevent any lawyer in our firm from representing a party in any matter where that information is relevant, even if you submitted the information in good faith to retain us. Portland, Oregon May 2, 2022 TEC Equipment, Inc., headquartered in Portland, Oregon, has purchased the Volvo franchise rights from North American Truck & Trailer in Omaha and Lexington, Nebraska; Sioux City, Iowa; and Sioux Falls, South Dakota. SEATTLE -- At 32, his professional basketball career apparently over -- partly because of a knee injury -- Thompson resides in King County's North Rehabilitation Facility, serving a 180-day. Mr. Thompson changed his business's name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and trailers in the country. He built his business repairing and selling used trucks on a few simple ideas: teamwork, entrepreneurship and being customer-driven. David is now joined by his three sons, David O, Chris and William. CONTACT: Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, TEC Equipment headquarters are located in 750 NE Columbia Blvd, Portland, Oregon, 97211, United States, TEC Equipments main industries are: Automobile Dealers, Retail, Consumer Services, Car & Truck Rental, Retail, Automobile Parts Stores, TEC Equipment appears in search results as Tec Equipment, Tec Equipment Inc, TEC Inc, International Organization for Standardization, Web Hypertext Application Technology Working Group, Get Free Access to TEC Equipment Contacts Info. Since 1984, the Association has awarded more than $235 million in undergraduate, graduate, military veteran and career and technical education scholarships to more than 35,000 deserving students. future students College news as a truck driver for Midwest Coast Transport, Inc. completion of his bachelors degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Armys Provost Marshalls Office inVietnam, andserved one and a half tours as a criminal investigator. In 2008, he became the chairman of the merged entity, Thomson Reuters. After saving enough money to buy his own truck, Mr. Thompson became an owner-operator. TEC Equipment's CEO is David Thompson Who is the CFO of TEC Equipment? TEC also operates a finance company, insurance brokerage, a truck leasing and rental fleet, collision centers, fuel sales and Wabash Trailer franchises. TEC is one of the largest Volvo and Mack dealerships in the U.S. and is a recognized leader in new and used truck sales, parts sales and service. Net worth can be computed using the following formula: Net Worth = Assets - Liabilities If a person or company owns assets that are greater than liabilities, it is said to show a positive net worth. Since its founding, TEC has remained a family-owned business. Heandhis wife Annestablished a major annual scholarship programat Oregon State University, providing two four-year scholarships that include coverage for tuition, room, board and senior-year study abroad for students in need. Submit a correction suggestion and help us fix it. Thanks to the generosity of its Members, the Association awards need-based scholarships to outstanding high school students who are committed to pursuing higher education and giving back to their communities. Through the generosity of its Members and friends, in 2019, the Association awarded more than $21 million in undergraduate and graduate need-based scholarships to 2,500 students across the United States and Canada, and provided college support and mentoring services to its Scholars. May 4, 2022. After high school, Mr. Thompson attended Parsons College in Fairfield, Iowa, and continued to work as a truck driver for Midwest Coast Transport, Inc. Upon completion of his bachelor's degree in business, Mr. Thompson served in the U.S. Army, where he was assigned to the Army's Provost Marshall's Office in Vietnam, and served one and a half tours as a criminal investigator. Mr. joins 15 other exceptional business, civic and cultural leaders from across North America in receiving 2022 honors. Fiber and Copper Multi Tester. Thomson's life is full of color and vibrancy. Experience everything from fine dining and historic restaurants to local cafes and neighborhood eateries. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? steve thompson bethel . Over the years we have formed a strong Best Business Partner relationship which has benefited each other and enabled TEC Equipment to provide first class customer service throughout the corridor. We are thrilled to welcome David as a Member.". XDSL Tester 2003 Purchased the Volvo and Mack franchises for Eugene, OR and Medford, OR. Thompson changed his business's name to TEC Equipment, Inc. in 1983, and through his leadership over the next several decades, it has become one of the top three dealers of new and used trucks and . David expanded the business in 1990 by purchasing a factory-owned Mack franchise in Portland, Oregon, then acquired the Volvo . A flight, dinner, drinks and handshakes later, the deal was complete, the first business venture where all generational parties were full participants. 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